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. >> big reversal. big reversal on apple certainly. the much anticipated earnings report expected tomorrow. after the break we're going to find out exactly what to expect from apple. plus, we'll debate why the stock is having such a tough time lately dropping below 400 just last week. >>> then the faa warning about long airport delays because of government budget cuts. but in addition to grounding your travel plans, the cuts could also prevent your portfolio from taking flight which we will look at coming up. >>> don't miss my exclusive interview coming up with johnson & johnson ceo alex gorsky. that stock hitting an all-time high today. how he plans to push it even higher. that and a lot more coming up on the "closing bell," most important hour of the trading day right now. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official
for the company. is it too late to buy the stock. >> we're counting down to apple's earnings report and that will be after the close. the shares over the $400 mark. one way or the other. >> luxury not dead, at least not according to coach and we'll dig deeper into those numbers. >> u.s. airways and delta beating those numbers. >> not quite as sanguine. we'll take a look at the airline sector and talk about travel turbulence a bit, as well. >> definitely not comericcal. >> for the first time since september 2011. the video streaming service posted quarterly earnings of 31 cents and well above estimates and said it added 2 million streaming subscribers in the u.s. helped by "house of cards." people, jim, this morning are saying netflix became hbo faster than hbo could become netflix. >> 30 million. internationally you got more than 30 million. i don't think people realize how non-promotional will this conference call was. it really was. they said, listen, the reason why we did well is -- no, it's a combination of things. we didn't lose people after we made the change. people do like "
in washington. >> home sales slipping, and if he does not produce a big number tomorrow, apple's ceo going, time for our biz little bit or biz hit list. you hurt my feelings, todd. i did? when visa signature asked everybody what upgraded expeences really mattered... you suggested luxury car service instd of "strength training with patrick willis." come on todd! flap them chicken wings. [ grunts ] well, i travel a lot and umm... [ male announcer ] at visa signature, every upgradedxperience comes from listening to our cardholders. visa signure. your idea of what a card should be. neil: homebuyers, shaken to the core. in biz blitz we start with home sales not getting it done. sales of existing ones dropping, .06 of a percent. al, what do you make of that? we were given that they were at least clawing back. >> the economy is never as good as people say it is. the housing market is never as good as people say it is, think of this, we have interests below 4%, f most to go out get a mortgage, housing market should be streaming back we're seeing a large percentage of sales dominated by visitors, there i
not produce a big number tomorrow, apple's ceo going, time for our biz little bit or biz hit list. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply suting history... we're making it. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. neil: homebuyers, shaken to the core. in biz blitz we start with home sales not getting it done. sales of existing ones dropping, .06 of a percent. al, what do you make of tha
and start with commodities. gold, looks like it found a floor, no? >> at least temporarily. just like apple. it its funny, two, apple and gold have nothing to do with each other yet those two stocks, that stock and that commodity have gone out and crushed so many people out there over the last year. so it is nice to see both of those catching a little bit. maybe rescue retail trader a little bit. if you look at the nasdaq 100, which was the big leader today, one of the things watching google and apple have been conspiring to make the mdx do nothing last six months. >> i don't think it is a real conspiracy. >> no, no. but those two stocks are basically been forcing the nasdaq 100, really tight range. we get two of those moving same direction at the same time, that underperformance of the mdx could cause that thing to skyrocket. so i think that's a trade that may be out there. how does ndx trade versus the dow and dow which was the big leader and s&ps, was another big leader. that is trade i will really be watching. tomorrow's results could set the tone for the rest of the quarter on that tra
, the ceo cites signs of stability. >>> apple, just a day after it's set to report results. reports swirling about a possible iphone 5s delay if production. >>> did your flight get delayed this weekend? maybe you should blame it on the furloughs. headlines from the sequester continuing to bite business travellers and airlines alike. >> the markets coming off their worst week in five months and it wasn't that long ago we were on the verge of hitting s&p 1600. what do investors expect going forward? tobias levkovich joans us at post 9. welcome. always good to see you. >> good to be here. >> coming on a day when you have "barron's" over theec wooend and their poll and we laughed about it a little bit. dow 16,000 by the middle of next year. they're talking s&p 1682 and people want to read that this morning as a danger sign. >> i would be a little bit careful. if you look at how they've been with the market they've been somewhat cautious and very u.s. oriented. even cyclicals like retailers will be u.s. oriented and not the global cyclicals. i don't think people have bought into this. we see cash
a share record territory for netflix. apple reports its earnings after the closing bell today. it's expected to show weakening from a year ago. poor iphone sales compared to ar earlier leading to what's expected to be about a 14% drop in profits. a lot of analysts ha downgraded the stock. it's rallied over the past couple of days just peeking back above $400. >>> google executive chairman eric schmidt told bbc radio this morning that google glasses will be out a year from now and admits in a it's going to require some new social he had get because there's technology in google glass that allows people to take pictures by winking and doing other things like that. he says obviously, there are situations where it won't be appropriate to record with google glass. a lot of privacy concerns with that. stocks off to a good start because of corporate earnings. dow up by 108. nasdaq up 25. s&p up 11. google shares up just slightly. frank and michelle, back to you. >> looking good. thank you, kcbs radio's financial reporter jason brooks. >>> a woman goa se when she tobacco a bathroom break a
. >> hi, richard. apple reports earnings today. with the stock dropping below $400 a share after peaking above 700 in september, you know it's the talk of wall street. apple still selling a record number of iphones and ipads, but growth is dropping amid competition. the fed gets seven big banks to rein in bonuses for executives who meet or exceed performance targets. "the wall street journal" reports regulars have been concerned since the financial crisis about ties between high pay and the amount of risk that banks are taking. >>> well, now you never have to get off the couch. pizza hut and microsoft are launching a new app that lets people order food via xbox live. richard, back to you. >> now i'm kind of hungry. thanks, courtney. >>> other action on the street. netflix shares skyrocketing 24% in after-hours trading. and that's thanks in part to new streaming original content. the company announced a new family plan as well to let four users stream at once for just $11.99 a month. senators voted overwhelmingly in favor of debating legislation to help states force online retailers to co
. >> let us talk about something that will happen tomorrow, apple earnings. apple is up. some people think the stock is beaten down as far as it will go right now. >> that is very interesting. we're waiting on netflix. netflix is a winner. apple crossed the $400 mark, 402 today. hard to call a bottom. people said double down. if you owned it at 600 you must love it at 390. liz: we can't count how many people said, oh, now is the bottom at apple. who knows if they're
futures improving. the nasdaq is mossive territory. more corporate earnings on tap today including apple. apple is -- we're going to be watching for how many iphones and ipads it sold during the quarter. big question, has the rest of the tech industry caught up with apple? is the shine off the apple? sorry, i had to use that terrible little pun. but still be watching apple. and another big story for you, the list is out. and sorry to all of you newspaper reporters out there, you officially have the worst job in america. >> the worst job? >> the worst job in america. with the median income of about $36,000 a year. career cast does this study every year. the results are based on things like income, industry outlook, stress, physical demands. >> so not happiness? >> happiness is in there. here's the rest of the top five worst jobs. lumberjack is number two, followed by enlisted military personnel, actor, and oil rig worker. so the best jobs in america? the number one job in america according to career cast an actuary, make about 87 grand a year, biomedical engineers, software engineers, an
got this picture from manhattan, kansas. the little apple, where there is snow on the ground. so what is going on? maria molina joins us with the forecast. i was in kansas two days ago. it was 30 something degrees. still winter there. >> yes, it is. temperatures still in the 30s across parts of kansas, including that city in the little apple, manhattan, kansas. they're looking at a current temperature at 32 degrees. you factor in a little breeze and you're talking wind chill temperatures across that area that are only in the teens and 20s. many of you waking up saying it's supposed to be spring out here. but it feels more like january. it feels like 12 in garden city in the state of kansas. looking at the radar, we have the snow coming down across parts of colorado, kansas and into southern areas of the state of nebraska. a number of winter weather advisories are in effect out here. this is the same storm that will actually be bringing in rain to areas currently dealing with river flooding across indiana, illinois, all the way down into parts of mississippi. otherwise temperatures eve
reported signing up $2 million more customers for the screaming service. >>> apple is scheduled to announce its quart terly earnings after the -- quarterly earnings after the bell. they are expecting lower profits. that's the first time in a decade they would shrink. right now, the stock is up 1% to $403. >>> twitter has signed its biggest ad deal yet. the agreement is reported to be worth hundreds of millions of dollars over several years. starcom, coca-cola and microsoft. analysts say the deal shows twitter is the bridge to tv audiences. google will bring new information right to your desktop. there is a new service called google now that tries to answer questions before you ask them. there's it could tell you a different way to drive home because traffic is bad on your usual route at the time you are scheduled to leave. >>> also this morning, a new sign, the housing market is getting stronger. the commerce department says sales of new single family homes went up 1.5% in march. seas jumped 18% higher than during march of last year. the national average price almost 7% between february and
report. also apple results come out after the closing bell one of the most sophisticated reports of this earnings season in part because the stock is down 30% over the past year. other events we're following this morning floodwaters rising in the midwest swallowing entire communities whole. next we're going to take you tloiv a town trying to save its homes. and then a 6-year-old boy, attacked by an alligator, and survives! >> the alligator -- and grabbed my arm and i couldn't get out. >> he and his father join us with the terrifying encounter. a? [ female announcer ] now there's new neutrogena® naturals acne cleanser. acne medicine from the wintergreen leaf treats breakouts. no parabens or harsh sulfates. for naturally clear skin. [ female announcer ] neutrogena® naturals. [ female announcer ] for everything your face has to face. face it with puffs ultra soft & strong. puffs has soft, air-fluffed pillows that are dermatologist tested to be gentle on your skin. face every day with puffs softness. face every day ♪ (train horn) vo: wherever our trains go, the economy comes to l
the apple or the orange? you do not know whether the department of labor tells you if you are to prefer apples or oranges. >> you suppose we should work on that aspect of it. could you explain what provision in the article it references in out?opinion on the car >> if a firm sponsors a h1b worker for a green card, they put in the paperwork that will reduce deeper h1b dependent -- their h1b numbers. they will n have to do good faith recruiting more pay the higher wage levels. i think it is a mistake and it will affect not just facebook, and we should not make policy around one firm, but other firms to exploit the program. said to have been on an h1b these uin year experience is relevant. why you say that these holders at these service companies are not really specialize? thate majority of the work the indian offshore industry does it is back office i.t. work for large enterprises here in the u.s. it does not require the necessary skill to do the traditional product development work that microsoft may require their engineers to do. the nature of the worked is really less of research and d
airports again. from los angeles, with more than three-hour delays overnight, to denver, to the big apple. new york's three airports at one point averaging three-hour delays. >> a little frustrating, especially at 3:00, 4:00 in the morning. >> reporter: some of the delays were weather-related. among the three-hour delays, the new york to washington, d.c. shuttle. not to rub salt in anyone's wounds. but the train would have gotten them there faster. >> because of sequestration, the line to take off was over an hour long. >> reporter: the faa is blaming the delays on across-the-board budget cuts which, it says, forced it on to furlough 15,000 air traffic controllers and other workers and were spacing out flights in the name of safety. several hundred flights delayed, less than the agency's prediction of 6,700 daily flight delays. but transportation secretary ray lahood warns abc, we might see an airplane apocalypse yet. >> we did not take into account weather activities. these delays could get extended beyond the 60 to 90 minutes. >> reporter: late monday, i decided to investigate the delay
apples with oranges. are talking about on 90% is a number that the gao uses as an effectiveness ratio. it is a chelation of apprehension -- calculation of apprehension of the thames. technology is the part that will help us more confident in the -- in apprehensive. obviously everyone's when hundred percent of everything. wants 100% of everything. it will not happen. someone who has lived at the border the whole time, you can make it safe and sas can w h the forces you have. ththe at is al that we strive for. the 3500 additiol personnel for the ports of entry -- are for the ports of entries themselves. the ports have become so clogged and the lines get so long. that becomes an incentive to go around and try to sneak in through some other way. the 3500 and designed to meet what we need to accurately staff the ports. isthe 90% that the gao describing is the u.s. and border whether it is north, south, over water, or land, just the land period. >> those are the numbers from a recent report. >> i want to be sure i am clear. >> i understand. >> just to clarify for myself, the department is s
, , they apple, the day appoint thousands of people here in the united states. they are greek a. they are ben by immigrants. that is something which should be thinking about. >> i would hope so. the evidence is quite clear on the capacity of immigration. i havehe time remaining, you released this analysis to quell the immigration reform. it can boost the american economy by as much as 1% every year. or reduce the deficit by as much as support for a trillion dollars. -- as much as 1.5 trillion dollars. do you want to elaborate on that? >> i could say a couple of things. >> economic growth comes from growth in people and their growth and activity. immigration controls both sides of the labor force anson's immigrants tend to work more you get labor force growth. as you mentioned the of to give small businesses and doctors that raise productivity of those workers. and their benefits to the overall economic growth, thus raising productivity for the -- productivity. that -- i did not taylor that estimate to 2013, 2014, 2015. this bill will take some time to pass and commence. you want to think of t
deangel loss is there. >> good morning. all eyes on apple ahead of its earnings report this afternoon. the concern is that the company could say it saw a sharp drop in iphone sales. the stock taking a big beating down nearly 45% since its peak last september. meantime, netflix is another one to keep an eye on. the on demand movie streaming site reporting a gain of 2 million u.s. subscriber. that's sending the stocks soaring in after hour sessions. >> jackie with the new york stock exchange, thanks. >>> a terrifying moment in celina, kansas, where a woman walked into a bathroom at the circus, closed the door, and then she came face to face with a tiger two feet away from her. this is video when the massive feline escaped during its performance. then when the woman was in the bathroom with the tiger, she stayed calm. she was able to exit and alerted workers who then recaptured the animal. the woman's 3-year-old daughter meanwhile had only one concern about that hair racing incident. she wanted to know if the tiger washed its hands before leaving the bathroom, its paws. >> that's like a
nutritionally balanced by adding fresh carrots and apple slices and immediately realized they would not last more than a week. much less the months that the lunchables needs to stay either in the warehouses or the supermarket waiting for someone to buy it. and after, i mean, it became a huge hit. the first year it exceeded, i think it hit $218 million in sales. it was astounding. nobody had expected it to take off like that. they came up with other lunchables including pizza lunchables, hamburgers, hot dogs, all eaten cold by kids. and when they stopped to think about it, they realized that it wasn't the food that the kids were attracted to, it was the badge value, the status symbol of bringing this cute, adorable lunchables to the lunchroom, opening it up, and all your friends gathering around and seeing you put it together and eat it. so -- and they came up with this incredible marketing slogan hitting on that which is for kids, all day you've got to do what they say, but lunchtime is all yours. the marketing power as much as using salt, sugar, fat as ingredients is phenomenal in the indus
Search Results 0 to 18 of about 19

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